Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
WAEC offline past questions - with all answers and explanations in one app - Download for free

Accounts - Principles of Accounts Past Questions

Clear Selections
Change Subject Post a Question Check Syllabus Study My Bookmarks Past Questions Videos Watch Video Lessons Download App

WAEC offline past questions - with all answers and explanations in one app - Download for free
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
3116

The effect of transaction when cash is paid into the bank is?

  • A. bank balance decrease and cash balance increase
  • B. cash balance decrease and bank balance increase
  • C. bank balance decrease and cash balance decrease
  • D. cash balance increase and bank balance increase
View Answer & Discuss JAMB 2023
3117

Which of these is not a subsidiary books?

  • A. sales day book
  • B. purchase day book
  • C. credit note
  • D. return inward day book
View Answer & Discuss JAMB 2023
3118

Salaries in arrears is treated in the balance sheet as a

  • A. current asset
  • B. current liability
  • C. long term liability
  • D. fixed asset
View Answer & Discuss JAMB 2023
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
3119

Capital for a profit making organization is generated through

  • A. gift
  • B. donation
  • C. shares
  • D. subscription
View Answer & Discuss JAMB 2023
3120

One of the options below have the same features as the profit and loss account in non-profit organization

  • A. non profit account
  • B. profit and loss account
  • C. income and expenditure account
  • D. receipts and payment account
View Answer & Discuss JAMB 2023
Start a Free Practice Test
 
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free